Who Will Care for Your Pet If You Die First?

We know we should make plans for what happens to our property when we die, but have you considered who will care for your pets if they outlive you? Without thoughtful planning, our beloved pets can be forgotten in the confusion that accompanies the owner’s long-term hospitalization, a move to a nursing home, or the owner’s death. The best-case scenario may be having a neighbor feed and walk the animal until other plans can be made. The worst-case scenario is that a pet is shuffled off to a high-kill shelter. [Read more…]

Planning for Your Special Needs Child’s Future: What you don’t know can hurt them.

Anyone caring for a special needs child knows how valuable it can be to have access to government benefits. As you plan for the long term needs of your child, preserving their eligibility for these services is essential to continuity of care. Just like your special needs child has an Individualized Education Plan for their schooling, they also need an individualized financial plan for their care after your death. So, what can you do? [Read more…]

The Candidates’ Estate Tax Proposals: A Quick Side-by-Side Comparison

If you are considering updating your estate planning documents, you may want to look at the candidates’ Estate Tax proposals.

Talk of increasing the estate tax can generate strong feelings among voters. In actuality the federal estate tax affects only 0.2% of the United States population.  With the current exemption set at $5.45 million per person, only two of every 1,000 Americans who die in 2016 will have estates large enough to pay estate tax.  [Read more…]